The best cryptocurrency to invest in right now

Bitcoin and Ethereum are all the rage now. But what's next?

It’s the year of the cryptocurrency. Bitcoin’s value has soared—at one point, to $5,000, well past the price of an ounce of gold. Equally as surprising, several new cryptocurrencies, such as Ethereum and Zcash, jumped into the spotlight, bringing the total worth of all cryptocoins to over $100 billion. 

Any investment may grow by a huge factor. Or, it may become worth nothing. It’s your take whether to follow the advice, or to ignore it. There are many cryptos out there which are just sophisticated ponzi schemes decided to enrich their creators. Similarly, currencies which do not bring any innovations to the table have been excluded from the list.

The simplified list:

ETHEREUM 

 

 

Created by math prodigy Vitalik Buterin, Ethereum is second only to Bitcoin in the hierarchy of cryptocurrencies. Ethereum’s blockchain not only validates a set of accounts and balances but also states. This means that Ethereum can not only process transactions but complex contracts and programs.

This flexibility makes Ethereum the perfect instrument for distributed computing. In February 2017, Ethereum organization announced the Enterprise Ethereum Alliance (EEA). It is aimed at developing enterprise-focused solutions with the open-source Ethereum as a basis but that are, in some cases, more privacy-oriented. 

Conversely, the idea is to create a kind of positive feedback loop that leads to improvements of the public blockchain protocol as well.

There are major Fortune 500 companies, Microsoft, Intel, JP Morgan, BP, Samsung to name a few, that are all currently exploring Ethereum.

To buy and sell Ethereum, check out Coinbase, CEX.IO, or Livecoin

RIPPLE

One of the most hated cryptocurrency project by the community is Ripple. While Ripple has a native cryptocurrency – XRP – it is more about a network to process IOUs than the cryptocurrency itself. XRP, the currency, doesn‘t serve as a medium to store and exchange value, but more as a token to protect the network against spam.

Ripple Labs created every XRP-token, the company running the Ripple network, and is distributed by them on will. For this reason, Ripple is often called pre-mined in the community and dissed as no real cryptocurrency, and XRP is not considered as a good store of value.

Banks, however, loves Ripple. There are now over 100 banks that are currently utilizing Ripple to process transaction

LITECOIN

Litecoin was one of the first cryptocurrencies after Bitcoin and tagged as the silver to the digital gold Bitcoin. Block transactions 7.5 minutes faster than Bitcoin, with a larger amount of token and a new mining algorithm (Scrypt), Litecoin was a real innovation, perfectly tailored to be the smaller brother of Bitcoin. Litecoin facilitated the emerge of several other cryptocurrencies which used its codebase but made it, even more, lighter. Examples are Dogecoin or Feathercoin.

Scrypt-based mining spawned a new generation of GPU mining that still exists today. 

Check out Growing Your Own Money (Bitcoin) Tree | Build Your Own GPU Mining Rig for Ethereum and Litecoin

While Litecoin failed to find a real use case and lost its silver status. It is still actively developed and traded. In fact, average volume for Litecoin trading is third overall only behind Bitcoin and Ethereum.

To buy and sell Litecoin, check out Coinbase and Livecoin

MONERO

Monero is the most prominent example of the cryptonite algorithm. This algorithm was invented to add the privacy features Bitcoin is missing. If you use Bitcoin, every transaction is documented in the blockchain and the trail of transactions can be followed. 

With the introduction of a concept called ring-signatures, the cryptonite algorithm was able to cut through that trail.

The first implementation of cryptonite, Bytecoin, was heavily premined and thus rejected by the community. Monero was the first non-premined clone of bytecoin and raised a lot of awareness. 

There are several other incarnations of cryptonote with their own little improvements, but none of it did ever achieve the same popularity as Monero.

To buy and sell Monero, check out Livecoin.

DASH

Dash (originally known as Darkcoin) is a more secretive version of Bitcoin. Dash offers more anonymity as it works on a decentralized mastercode network that makes transactions almost untraceable. Launched in January 2014, Dash experienced an increasing fan following in a short span of time. 

This cryptocurrency was created and developed by Evan Duffield and can be mined using a CPU or GPU. In March 2015, ‘Darkcoin’ was rebranded to Dash, which stands for Digital Cash.

On a basic level, Dash is very fast in its standard transactions and its Instasend and Privasend features have even more functionality for a bit more of a fee, making it ideal in a retail setting. If people started using Dash only for the purpose of sending and receiving digital cash peer-to-peer payments, it would be among the best options at the moment.

To buy and sell Dash, check out Livecoin

BITCOIN

With the Bitcoin price so volatile everyone is curious. Bitcoin, the category creator of blockchain technology, is the World Wide Ledger yet extremely complicated and no one definition fully encapsulates it.

By analogy it is like being able to send a gold coin via email. It is a consensus network that enables a new payment system and a completely digital money.

It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. Bitcoin was the first practical implementation and is currently the most prominent triple entry bookkeeping system in existence.

Bitcoin right now is at $5,102, Ethereum at $307.16 and they are still fledgelings.

There are two Cryptocurrencies in a bid to solve actual real life concerning problems. I’d say invest in either of Bitcoin or Ethereum for they are clean, solving problems and will grow.

If you’re looking for “Get rich Quick” schemes I do not have anything for you.

Every Investment entails a risk, invest after considering the risks wisely for not a lot of people end up happy after Gambling through their Investments.

Unless you have thousands of dollars you simply cannot get alot of return on bitcoin, Eth, Dash..

There are good reasons to invest in cryptocurrency especially Bitcoin. Recently, Ultra-Rich Investor Trace Mayer Predicts Bitcoin Price Will Reach $27,395 in Just Four Months. and a Dutch man is ready to risk all his life properties to hit it big by investing into Bitcoin.

hoping to hit big with bitcoin

hoping to hit big with bitcoin

hoping to hit big with bitcoin

 Many people new to Bitcoin are curious about how to get some. Bitcoin faucets, places where bitcoins are given away for free, have been a part of spreading Bitcoin since the earliest days. But one problem is running out of bitcoins to give! That is why we have figured out a sustainable way to invest in Bitcoin.

With reputable investment platform like www.cryptopowerclub.com you can invest a little fee to profit massive returns in no time. You can join their members area to see how you can take advantage on bitcoin investing.

Cryptocurrency is disrupting the financial industry. Don't wait when its too late to hop in.

With CPC, you can invest with no risk.

Follow this link to join their members area now: https://www.facebook.com/groups/cryptopowerclub

This will surely help.